The Internet bubble prompted the establishment of new innovations that the masses did not realize they needed at that point. Some survived while others shut down for being too innovative and radical for that time. 11 years since the inception of Bitcoin, the industry has seen the space evolve, with newer cryptos coming into existence...Read More
2020 has begun, but a certain 2019 dispute has reared its ugly head yet again. The conflict between Bitmain‘s Co-founder Micree Zhan and the mining equipment manufacturer intensified after recent reports suggested that the Zhan is on his way towards taking drastic actions against Bitmain. According to Bloomberg, Micree Zhan has now initiated a legal...Read More
President of the Deutsche Bundesbank Jens Weidmann recently called on banks to come up with cheaper and faster methods for money transfers to counter Facebook‘s stablecoin, Libra. However, that wasn’t his only insight as the ECB policymaker also claimed that the European Central Bank had no need to develop its own digital currency. The head...Read More
A U.S. citizen, Joanna De Alba has been detained and indicted for an alleged conspiracy to possess and distribute illegal drugs including heroin and methamphetamine, through the dark web in exchange for Bitcoin. The defendant was arrested while trying to enter the United States through the U.S-Mexico border on October 24, 2019. Alleged Dark Web...Read More
Bloomberg, the mainstream media interviewed Antoni Trenchev, CEO of NexoFinance about Bitcoin’s journey in the last decade. Trenchev poured out his views on how Bitcoin has fared and 9000000% increase since 2010. According to Nexo CEO, Bitcoin is an “incredible asset” uncorrelated to the overall market. He further compared BTC to gold asset & claimed...Read More
The saga of cryptocurrencies began in January of 2009. This is when Bitcoin, the first-ever cryptocurrency, was introduced. The allure of cryptocurrency is that it is a creative and imaginative solution to a very real problem with fiat currencies across the world. Governments issued fiat currencies are subject to the printing press to pay astronomical...Read More
Instant messaging service platform, Telegram, has been called out for its reluctance to hand over financial details related to its initial coin offering [ICO] to the Securities and Exchange Commission [SEC]. According to a media report, the market regulators through a court filing have requested a court order to pressurize Telegram into revealing how the...Read More
Bitcoin’s price went on yet another quick rollercoaster throughout the past 24 hours. It dropped down to about $6,850 yesterday, only to get back up above $7,300 today. Interestingly enough, the move comes following a US airstrike, which had the leader of Iran’s Quds Force’s leader killed. Bitcoin Price Surges $500 In Hours Yesterday, the...Read More
Cryptocurrency miner Argo Blockchain has announced that it is installing new 3,616 Bitmain machines to increase its mining capacity by 75%. The team took to Twitter to announce that the company has already taken delivery of 3616 Bitmain Antminer T17s machines. However, more 6384 T17s machines are on its way till January end. The new...Read More
Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what...Read More
Binance enters the Year 2020 with a new feather in its hat. The malta-based exchange on Jan 3, 2020, added Euro trading pairs to the platform. The trading pairs are BTC/EUR, ETH/EUR, BNB/EUR, XRP/EUR, EUR/BUSD, and EUR/USDT. Binance also has plans to support 180+ fiat currencies in 2020. In a New Year welcoming blog post,...Read More
One of the world’s premier cryptocurrency exchanges, Malta-based Binance, has announced initiating trading for BTC, ETH, XRP, BNB, BUSD, and USDT against the Euro, on 3 January 2020, in line with its plans to facilitate more fiat gateways for the growing crypto-community. The official announcement read, “Binance will open trading for BTC/EUR, ETH/EUR, BNB/EUR, XRP/EUR,...Read More
The history of forex trading dates back centuries ago. Since the Babylonians, people exchange different currencies. The credit of using receipts of transactions and currency notes goes to Babylonians. The barter system was in use at that time. Moreover, Goods were exchanged for goods. But there were many limitations to this system. People could not...Read More
The finance and technology sectors saw massive growth over the past decade, both in the private and the public realm. Companies changed the way we transact with other individuals and soon, central banks will change the way countries transact with each other. We are entering a decade that will be defined by central bank digital...Read More
Stephen Ehrlich is a veteran in the capital markets space. He has worked in the industry for more than 25 years, starting out his career at TIR Securities, an institutional brokerage that was sold to E*TRADE Financial. Ehrlich was asked to join E*TRADE Financial and spent seven years at the company, ultimately rising to the...Read More
Venezuela‘s humanitarian crisis has been recognized as one of the most significant in modern history, while having failed to receive aid and pledges from donor nations. Venezuela has remained desperately underfunded throughout the crisis, with the country trying to launch several programs over the past few months to counter the same. In what is a...Read More
The case between the U.S. Securities and Exchange Commission (SEC) and the encrypted messaging platform Telegram takes another turn. The latter has reportedly refused to hand over financial details regarding its ICO from two years ago, which was recently requested by the market regulator. Telegram Does Not Want To Share After raising over a billion...Read More
Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50 percent of global hash power — BTC’s hash rate rocketed to a new all-time high. Asia Times reported December 29th that Sichuan state authorities held a meeting with local power operators...Read More
When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating...Read More
The Guangdong government in China is in the news after it launched a blockchain-based financing platform on January 2, 2020, to help small companies receive loans at a faster pace from commercial banks, according to a local report. This would be China‘s first blockchain loan issuance platform for Small and Medium Enterprise (SME) financing. This...Read More
China has undoubtedly been leading the state-backed cryptocurrency race, with the country recently revealing that it would launch its own digital version of RMB last year. The news that broke-out right after Facebook’s Libra announcement immediately grabbed the attention of all governments around the world, including that of U.S regulators. Interestingly, China‘s venture into the...Read More
Bitcoin promoter, Anthony Pompliano recently shared an excerpt from his September interview with Squawk box, CNBC. The interviewer questions him about the US dollar and how Bitcoin will be beneficial if adopted. Pomp takes the help of the CNBC medium to urge the Federal Government to tokenize the US Dollars as soon as possible. He...Read More
The last few weeks of 2019 were toxic for the Ethereum Dapp browser, MetaMask. In the wake of Crypto youtube video purge, Google had delisted the browser extension from its Playstore citing its policy of banning mining apps. PSA: MetaMask has been delisted from the Chrome Web Store. We are unsure of why this is...Read More
On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower....Read More
Messaging applications are commonly used in this day and age. The US Army is no longer allowed to make use of TikTok on government-owned devices. There are some serious concerns regarding TikTok and the data it collects. TikTok is a no-go for the US Army Chinese social media applications do not have the best reputation. ...Read More
Advancing development and growth in the blockchain industry is crucial. A recent MKR contribution to Carnegie Mellon will spur further research of dApps and protocols. Further growth of blockchain technology requires attracting more developers and coders. Massive MKR Donation to Carnegie Mellon One way of doing so is by offering a “grant” of sorts. Carnegie...Read More
Skew markets, a provider of data analytics for crypto-derivatives, recently rounded up some Bitcoin stats for the year 2019 as 2020 beckoned. According to the crypto-markets analytics platform, 2019 returns for BTC were reported to be +95%, with over 150 days of less than +/- 1% movement. Source: Skew Skew also reported that the maximum...Read More
Ethereum went through a network update that delays the difficulty bomb. Although the mining difficulty will remain the same, different technical analysts are starting to turn bullish on ETH. The Muir Glacier update On Jan. 2, at Block number 9,200,000, the Muir Glacier hard fork was completed on the Ethereum blockchain. The network update was...Read More
The cypherpunks, a ragtag group of tech tinkerers, cryptographers, and privacy advocates, were obscure in their 1990s heyday. And it would have remained that way in perpetuity were it not for a certain Satoshi Nakamoto launching a digital currency in 2009 encapsulating their core beliefs. We don’t know if Satoshi was a cypherpunk. But what...Read More
